Kappa Media Group, the publishing arm of centa-millionaire Nicholas Karabot's Pennsylvania-based business empire, has doubled down on its investments in the printing industry with the acquisition of Vanguard Printing in Ithaca, N.Y. There were several smaller deals announced in the commercial printing segment, as waning demand for generalized printing services continues to drive consolidation. Of special note, however, privately-held Taylor Corp. announced the acquisition of Staples Print Solutions.
This week Julie Greenbaum highlights industry news from Verso Corp.; Ennis Inc.; Kappa Media and Vanguard Printing (Goss International); and Wallace Carlson Printing (Komori America and New Leaf Paper).
President of Vanguard Printing Steven Rossi has acquired Vanguard Printing together with Kappa Media. The new entity will continue to do business under the Vanguard name and will retain its employees and print facility in Ithaca, N.Y. "We are very excited to add the talented personnel and high-quality Vanguard service offerings to the expanding Kappa Media group of affiliated companies," notes Nicholas Karabots of Kappa Media.
Commercial printer equipment installations and other news from Printing Impressions’ March 2014 edition, featuring Minuteman Press, All Color Business Specialties, Worldwide Ticketcraft, CPI Card Group, Bolger Vision Beyond Print, Vanguard Printing, The Foley Group
As part of a new multi-year, multi-million dollar agreement, Vanguard Printing of Ithaca, NY, will now print five of Bauer Media's teen magazines. Under the terms of the agreement, Vanguard will provide printing, binding and mailing services for these monthly publications.
Commercial printer company and personnel news from Printing Impressions’ November 2013 edition, featuring Walton Press, PostMark, SG360º, Ennis and Folder Express, Vanguard Printing